Bank of Scotland makes its most senior appointment in recent times
Bank of Scotland has appointed Nick Laird, an experienced corporate banker, as regional managing director for Mid Markets.
Laird succeeds Alasdair Gardner, who will take up a new appointment as head of Global Corporates for North America.
He will take over from Gardner in September and report into Tim Hinton, managing director, Mid Markets and SME Banking for Lloyds Banking Group.
Based in Edinburgh, his remit will be exactly the same as held by Gardner, leading Bank of Scotland’s Commercial Banking presence in Scotland and Lloyds Bank’s Commercial Banking presence in the North of England.
Laird will lead a relationship team of 120 who support clients with businesses with turnover between £25 million and £750 million.
He has considerable banking experience having held a broad range of roles in corporate banking during his career.
Since joining Lloyds Banking Group in 2013, Laird has deepened this commercial banking experience further with a variety of senior roles.
Hinton said: “Alasdair’s new role in North America is testament to the great work he has done in building our profile and our business in Scotland, a role he held with distinction for more than seven years.
“He will be greatly missed by clients, but this is an exciting opportunity for him to further his career within the Group and I wish him every success.
“I am delighted that Nick will be picking up the baton from Alasdair. During his time with the Group Nick has demonstrated that he has the right skill-set to support our Mid Markets clients and to lead the team in Scotland.
“He is inheriting a strong team from Alasdair, who are all fully committed to supporting businesses as they seek to navigate through the current economic uncertainty and to help them to capitalise upon the opportunities that lie ahead.”
Laird said: “A strong and vibrant economy in Scotland is critical to the UK’s ongoing prosperity.
“Our long-standing commitment to support clients and to help fund their growth ambitions is even more important given the current more challenging economic environment.
“As such, I am very excited by the opportunity to lead the team and continue Alasdair’s work.”